Servicing

A poster on the Mortgage Grapevine board actually asks two questions about the Home Affordable Refinance Program.

The Federal Housing Administration is gearing up for another nonperforming note sale with a bid date scheduled for March 13.

At the peak of the real estate downturn, 12 million borrowers were underwater, blocking them from moving or saving money by taking advantage of the lowest borrowing costs on record to refinance.

First and second mortgage default rates were “the principal culprits” to an eight basis point monthly increase of the December 2012 National Consumer Credit Default Indices.

Homebuilder Lennar Corp.’s fiscal fourth-quarter earnings thrived as the housing market continues on its road to recovery.

At first glance the Charlotte market seems like the wrong target for home construction.

Farmer Mac has priced a preferred stock offering which will raise $60 million in Tier 1 capital.

As the winter months take hold in which home prices are known to plummet, the cold weather has so far not dampened prices.

TreppPort is delivered as software as a service, available to clients over the Web.

The settlement between regulators and 10 residential loan servicing companies may have a positive effect on the market, as it allows them to refocus on their core servicing operations, other compliance requirements and the foreclosure backlog.